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High-Tech Housing Matchmaker HomeLight Announces $109 Million in New Funding

High-Tech Housing Matchmaker HomeLight Announces $109 Million in New Funding

HomeLight analyzes more than 40 million real estate transactions and over 1.4 million agent profiles from major brokerages for each transaction. It says it connects a client to a real estate agent every two minutes and has seen a compound annual growth rate of nearly 150% for the past three years. It also doubled its employee base to 200 in just the past year. HomeLight launched in 2012 as a real estate matchmaker, using proprietary algorithms to connect buyers and sellers wi

Real Estate Startup HomeLight Secures $109M In Debt & Equity

Real Estate Startup HomeLight Secures $109M In Debt & Equity

Buying a home is one of the biggest, and most expensive, decisions in a person’s life. Over the past year or so, we’ve written about a slew of startups that have developed technology aimed at making the process smoother and cheaper in one way or another. Today, another such startup, San Francisco-based HomeLight, has announced a $109 million round of debt and equity funding. The financing round includes $63 million in Series C equity from venture capital firms and $46 million

HomeLight Introduces Simple Sale™, the First Instant Buyer Marketplace

HomeLight Introduces Simple Sale™, the First Instant Buyer Marketplace

SAN FRANCISCO, Feb. 12, 2019 /PRNewswire/ -- HomeLight, the platform that empowers people to make smarter decisions when buying or selling a home, today announced the launch of its Simple Sale marketplace. Powered by a growing network of more than 100 instant buyers – or "iBuyers" – Simple Sale lets home sellers and agents compare iBuyers and request competitive instant offers for their properties. Simple Sale's network of local and national instant buyers – including categor

Homelight Raises $40 Million Series B to Help Home Sellers Find Best Listing Agents

Homelight Raises $40 Million Series B to Help Home Sellers Find Best Listing Agents

HomeLight was founded in 2012 to connect home owners looking to sell with real estate agents in their area who are likely to close quickly and get the best price for their homes. With its business quickly growing, the company has raised $40 million in new funding led by Menlo Ventures. Despite the rise of digital platforms like Zillow, Trulia and Redfin for finding homes for sale, there’s been a pronounced uptick in the number of properties sold with the help of real estate a

HomeLight Raises $11M in Series A to Expand Marketplace for Finding Real Estate Professionals

HomeLight Raises $11M in Series A to Expand Marketplace for Finding Real Estate Professionals

SAN FRANCISCO, April 18, 2016 /PRNewswire/ -- HomeLight (http://www.homelight.com), the world's premier marketplace for finding real estate professionals, today announced it has raised $11MM in Series A funding. The new capital, led by Zeev Ventures, and joined by Dovi Frances of SGVC, will give HomeLight the ability to enhance its data-driven product offering as the smartest new way to find a real estate agent. It brings the company's total funding since inception to $15 mi